Employee Video - Script
Dear Cambrex Experts and Valued Colleagues,
As
you have seen from the announcement earlier today, I am excited to report that Cambrex and Permira have signed a definitive agreement in which Permira will acquire all outstanding shares of Cambrex Corporation.
On behalf of the entire executive team, we are extremely pleased to have reached an agreement with Permira. It is my intention today to share
with you some more details.
First and foremost it is our firm belief that this agreement is in the best interests of everyone at
Cambrex
our investors, our customers and importantly, you, our valued employees.
Secondly, we are proud to be working with Permira.
Permira is a global investment firm and has a history of investing in growing companies and providing them with the resources to accelerate growth. They are well versed in the drug substance and drug product industry and have made a number of
strategic investments in the pharmaceutical services industry that we see as complementary to Cambrex. With our new partnership we expect even more opportunities for growth by being part of Permiras strategic network as well as access to
additional capital investment to help expand into new technologies and markets and further enhance our world class facilities.
Finally, I
wanted to address how it affects you, our valued employees. With any new partnership, it is quite normal to be concerned or worried during a period of change or uncertainty. When I look back over the last 11 years that I have had the privilege to be
your Chief Executive Officer at Cambrex, I cannot remember a time when we were not experiencing change or uncertainty. From our acquisition of PharmaCore and our period of record growth and emergence as one of the fastest growing CDMOs in the
industry, to the recent acquisitions of Halo and Avista and our evolution to an
end-to-end
CDMO, we have been constantly changing and evolving.
Our success during this period has been due to the commitment and passion for excellence of our global team of employees. So continue to serve
our customers with the world class service they expect from us. Continue to seek new opportunities. Continue to be better than and one step ahead of the competition. Continue to be part of the worlds best small molecule company. And continue
to be the experts our customers enjoy working with. In other words, it is business as usual.
I am excited about the future and I know you
will share that excitement as we go forward. In the meantime, have a great summer and I look forward to getting back to you with more updates over the coming few months.
Cautionary Language Concerning Forward-Looking Statements
Information set forth in this communication, including financial estimates and statements as to the expected timing, completion and effects of
the proposed transaction between Cambrex and Permira, constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
These statements may be identified by the fact that they use words such as may, will, could, should, would, expect, anticipate, intend,
estimate, believe or similar expressions. Any forward-looking statements contained herein are based on current plans and expectations and involve risks and uncertainties that could cause actual outcomes and results to differ
materially from current expectations. These forward-looking statements are subject to risks and uncertainties, and actual results might differ materially from those discussed in, or implied by, the forward-looking statements. Such forward-looking
statements may include, but are not limited to, statements about the anticipated benefits of the merger, including future financial and operating results, expected synergies and cost savings related to the merger, the plans, objectives, expectations
and intentions of Cambrex, Permira and the combined company, the expected timing of the completion of the merger, and other statements that are not historical facts. Such statements are based upon the current beliefs and expectations of the
management of Cambrex or Permira, as applicable, and are qualified by the inherent risks and uncertainties surrounding future expectations generally, and actual results could differ materially from those currently anticipated due to a number of
risks and uncertainties. Neither Cambrex nor Permira, nor any of their respective directors, executive officers or advisors, provide any representation, assurance or guarantee that the occurrence of the events expressed or implied in any
forward-looking statements will actually occur. Among the
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